Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.3% APRnext payment +$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: Bybit against BloFin−0.204%82s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1241.235% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.327%+$33 · spread now −0.204%, 7d avg −0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.187% cheaper against BloFin than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.018%. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DEEP-USDT | 0.01956 | 0.0098 | pay 0.0098% / 8h | 2h 53m | $136K | $32K | 50x |
| Short | Bybit DEEPUSDT | 0.01952 | 0.0100 | get 0.0100% / 8h | 2h 53m | $4.2M | $2.8M | 50x |
BloFin DEEP-USDT
Bybit DEEPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.49
- Price spread: −0.204% → −0.018%
- −$18.69
- Slippage, 4 orders
- −$100.55
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$141.75
- Costs to cover
- 1.235%
- Break-even
- 2017.0 days
Slippage from BloFin: live order book, 25 min ago; Bybit: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 25 min ago | 10.22 bp | 31.6 bp −$32 | 114.7 bp −$1,147 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.56 bp | 37.3 bp −$37 | 184.8 bp −$1,848 | doesn't fit | doesn't fit |
DEEP on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | −0.6724% | 1h | 0.01939 | −0.869% | $79K | $11K | 20x | as long as short |
| BloFin DEEP-USDTlong | +0.0098% | 8h | 0.01956 | long leg | $136K | $32K | 50x | |
| Binance DEEPUSDT | +0.0100% | 4h | 0.01957 | +0.055% | $2.1M | $6.1M | 50x | as long as short |
| Bybit DEEPUSDTshort | +0.0100% | 8h | 0.01952 | −0.204% | $4.2M | $2.8M | 50x | |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01954 | −0.102% | $302K | $87K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.01957 | +0.051% | $1.0M | $466K | 100x | as long as short |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.01956 | 0.000% | $1.8M | $94K | 20x | as long as short |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.01958 | +0.102% | $814K | $578K | 50x | as long as short |
| BingX DEEP-USDT | +0.0100% | 4h | 0.01955 | −0.051% | — | $6.6M | — | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01954 | −0.120% | $13K | $9K | — | as long as short |
Bluefin DEEP-PERP
Binance DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
KuCoin DEEPUSDTM
Bitget DEEPUSDT
BingX DEEP-USDT
Variational Omni DEEPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended DEEP-USD | +0.0104% | 1h | 0.01956 | +0.006% | $7K | $235K | 5x | as long as short |
| Kraken Futures PF_DEEPUSD | +3.3398% | 1h | 0.01953 | −0.172% | $8K | $10K | 10x | as long as short |
Extended DEEP-USD
Kraken Futures PF_DEEPUSD